The US dollar rose in European trade on Tuesday for the first time in three sessions against a basket of major rivals, as it tries to recover from five-week lows on short-covering. Now traders await important US data later today to assess the odds of future Fed rate cuts. The Index The dollar index rose 0.5% to 99.44, with a...

The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...

Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...

The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.04%, S&P 0.11%, Nasdaq 0.18% March 22 (Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing...

(Reuters) - U.S. stock index futures inched higher on Friday, setting Wall Street on course for strong weekly gains as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Powell later in the day. All three main U.S. indexes hit fresh record closing highs in the previous session as chip stocks rallied after Micron...

08:24 AM EDT, 03/22/2024 (MT Newswires) -- US stock futures were flat in Friday's premarket session after equity indexes closed at record highs on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell's speech, scheduled for 9:00 am ET. Powell will deliver the opening remarks at a Fed Listens event in Washington on the topic of transitioning to a post-pandemic...

MUMBAI, March 22 (Reuters) - STOCKS: The benchmark BSE Sensex rose 190.75 points, or 0.26%, to 72,831.94, while the broader NSE index gained 66.1 points, or 0.30%, to 22,078.05, as IT sector bellwether Accenture's revenue warning offset optimism around U.S. Federal Reserve rate cuts. RUPEE: The Indian rupee weakened 0.33% versus the U.S. dollar, and quoted at 83.43 per dollar,...

Jan 29 (Reuters) - Fiber network owner Zayo Group is in the lead to buy the Crown Castle's ( CCI ) assets in a deal that could be valued at over $8 billion, a source familiar with the matter told Reuters. Zayo, owned by Sweden's EQT and DigitalBridge ( DBRG/PJ ) have outbid buyout firm TPG for Crown Castle's (...

(Corrects paragraph 16 to reflect that Microsoft has multiple new contracts with OpenAI, not a contract) By Stephen Nellis and Deborah Mary Sophia (Reuters) -Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from...

(Reuters) - Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down more than 5% as investors worry about big spending, elusive artificial intelligence revenue and growing competition from cheaper AI models from China. Azure results for the fiscal second quarter also fell below Wall Street expectations. Despite beating quarterly overall sales estimates, investors want...

LONDON (Reuters) - Vodafone ( VOD ) said it had made the world's first video call via satellite using a standard smartphone from a remote location, and it plans to roll out the technology for its users across Europe later this year and in 2026. The European mobile operator's CEO Margherita Della Valle received the call on Monday from company...

The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.

The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 

05:45 AM EDT, 04/29/2024 (MT Newswires) -- Tesla (TSLA) is preparing to lay off 693 employees at facilities in Sparks, Nevada, Reuters reported Friday, citing a government filing. The notice was submitted last week to the Nevada Department of Employment, Training, and Rehabilitation in compliance with US labor law, according to Reuters. The move is reportedly part of the company's...

05:34 AM EDT, 04/29/2024 (MT Newswires) -- Fulton Financial ( FULT ) said late Friday that its Fulton Bank subsidiary acquired substantially all of the assets and deposits of Republic First Bank from the Federal Deposit Insurance Corporation, doubling its presence across the region. The transaction, which includes the purchase of about $6 billion, closed after Fulton Bank obtained all...

April 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Monday: ** Morphosys said its takeover by Novartis was still expected to be closed in the first half of this year, in a statement responding to a possible safety risk reported by specialist news website STAT News that knocked the company's share price....

05:45 AM EDT, 04/29/2024 (MT Newswires) -- Tesla (TSLA) reached an agreement with search engine Baidu ( BIDU ) to allow it to deploy its automated driving system in China, news outlets reported, citing unnamed sources. Financial terms were not revealed. The deal clears a regulatory hurdle that will allow Tesla to roll out its driver assistance system, called Full...

MicroStrategy has proposed a new Bitcoin-based strategy for combatting online spam – though Bitcoiners are skeptical as to whether it’s a good idea. During the annual MicroStrategy World conference on Wednesday, the company’s executive chairman Michael Saylor unveiled “MicroStrategy Orange” – an open-source decentralized identity solution built on Bitcoin. What is MicroStrategy Orange? MicroStrategy described their technology as an “enterprise-grade...

Aave Labs, the team behind the DeFi lending platform Aave, has proposed a slew of major upgrades and expansions two years after introducing its V3. The suggested improvements include Aave V4, Aave Network, a Cross-Chain Liquidity Layer, non-EVM L1 deployments, and a fresh visual identity. Aave V4 According to the latest blog post, Aave V4 will be built with a...

Most Read: US Dollar Outlook Post Fed Decision: EUR/USD GBP/USD - Technical Analysis The U.S. dollar (DXY) experienced a slight decline on Thursday, continuing its pullback following the Federal Reserve's monetary policy decision in the previous session. To recap, the central bank kept borrowing costs unchanged within their current target range of 5.25%-5.50%, in line with expectations, while maintaining an...

TL;DR Binance recently expanded its Loan service to include new assets such as Holo (HOT) and Manta Network (MANTA), requiring users to update their app versions to place orders. The prices of these newly added tokens increased following the announcement, possibly driven by the broader recovery in the cryptocurrency market. The Latest Update The worlds largest cryptocurrency exchange launched another upgrade...